Explosion Proof Solenoid Valves Market 2019: Analysis By Current Industry Status & Growth Opportunities, Top Key Players, and Forecast to 2026

Solenoid valves are electronically operated. The electromagnetic field pulls the plunger up toward the center of the coil allowing the flow through it. The explosion proof solenoid valves are the type of solenoid valves that are used in a harsh environment, where there is a possibility of explosion. Explosion proof solenoid valves are used in a broad range of industry verticals to prevent electrical apparatus from numerous dangerous environments. These valves are able to withstand an eruption.

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In industries, such as oil & gas, chemical, water treatment, and other industries the chances of gas, vapor or dust release is very high and employees end up losing their life and such flammable substances damage the overall environment. Therefore, explosion-protected valves are adopted by the industry vertical to contain an ignition and protecting human life and nature. Increase in government regulations for environmental safety, rise in concerns regarding environmental protection, and rapid industrialization are some of the major factors that contribute to the high demand and future opportunities for the explosion proof solenoid valves market.

The market is segmented on the basis of type, application, and geography. On the basis of type, the market is divided into two-way solenoid valve, three-way solenoid valve, and four-way solenoid valve. Based on applications, the market is classified into chemical, water treatment, oil & gas, power generation, and other. By geography, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The key players operating in the market includes Danfoss, Emerson, Omega Engineering, Parker Hannifin, Rotor, Avcon Controls, Burkert Contromatic, CKD, Curtiss-Wright, and Festo.

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Key Benefits:
• Porters Five Forces model helps analyze the potential of buyers & suppliers, and the competitive sketch of the market, which is expected to guide the market players to develop strategies accordingly.
• The key drivers, restrains, and opportunities are provided in the report.

Explosion Proof Solenoid Valves Market Key Segments:
By Type:
• Two-Way Solenoid Valve
• Three-Way Solenoid Valve
• Four-Way Solenoid Valve

By Application:
• Chemical
• Water Treatment
• Oil & Gas
• Power Generation
• Other

Key Players:
• Danfoss
• Emerson
• Omega Engineering
• Parker Hannifin
• Rotork
• Avcon Controls

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